Class Action Law Suithttp://www.businessinsider.com/category/class-action-law-suit
en-usTue, 03 Mar 2015 14:24:04 -0500Tue, 03 Mar 2015 14:24:04 -0500The latest news on Class Action Law Suit from Business Insiderhttp://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.pngBusiness Insiderhttp://www.businessinsider.com
http://www.businessinsider.com/apple-antitrust-case-to-see-steve-jobs-emails-and-video-deposition-as-testimony-2014-12Steve Jobs' Emails And Video Deposition Will Play A Major Role In Apple's Upcoming iPod Antitrust Case (AAPL)http://www.businessinsider.com/apple-antitrust-case-to-see-steve-jobs-emails-and-video-deposition-as-testimony-2014-12
Mon, 01 Dec 2014 10:42:00 -0500Steven Tweedie
<p><img style="float:right;" src="http://static1.businessinsider.com/image/547c8952ecad04cf78b2c11f-1150-862/tim-cook-steve-jobs-6.jpg" border="0" alt="tim cook steve jobs"></p><p>Apple is scheduled to begin yet another antitrust lawsuit tomorrow in Oakland, Calif.</p>
<p>And while it's been three years since Steve Jobs has died, the late Apple founder will still play a large role in the case, <a href="http://www.nytimes.com/2014/12/01/technology/star-witness-in-apple-suit-is-steve-jobs.html">reports The New York Times.</a></p>
<p>The class action lawsuit against Apple concerns the company's old iPods, which were originally only able to play music purchased from iTunes or ripped from a CD. If customers wanted to purchase songs from a competing music download store, they couldn't use their iPod to listen.</p>
<p>Apple later changed this policy, opening up the iPod's compatibility.</p>
<p>The case, which features over 900 filings, argues that Apple used anticompetitive measures to make sure its iPods only played songs from iTunes or CDs.</p>
<p><span>If Apple loses the case, potential damages are estimated to be around $350 million.</span></p>
<p>To prove Apple's anticompetitive measures,&nbsp;<span style="line-height: 1.5em;">emails written from Steve Jobs are expected to play an important role in the case, along with a video deposition recorded before his death.&nbsp;</span><span style="line-height: 1.5em;">This should worry Apple, as Steve Jobs was known for his blunt and sometimes threatening emails, which were used against Apple in its two past antitrust cases.</span></p>
<p><span style="line-height: 1.5em;">"We will present evidence that Apple took action to block its competitors and in the process harmed competition and harmed consumers," Bonny Sweeney, the lead plaintiffs' lawyer <a href="http://www.nytimes.com/2014/12/01/technology/star-witness-in-apple-suit-is-steve-jobs.html">told The New York Times.</a></span></p>
<p><span style="line-height: 1.5em;">Some of the emails are already public, including one email from 2003 where Steve Jobs instructed other Apple executives to ensure rival music store, Musicmatch, wouldn't work with the iPod.</span></p>
<p><span style="line-height: 1.5em;">“We need to make sure that when Musicmatch launches their download music store they cannot use iPod. Is this going to be an issue?” Jobs wrote, <a href="http://www.nytimes.com/2014/12/01/technology/star-witness-in-apple-suit-is-steve-jobs.html">according to The New York Times.</a></span></p>
<p><span style="line-height: 1.5em;">While some of the emails from Jobs are public, new emails are expected to surface throughout the course of the trial.</span></p>
<p><span style="line-height: 1.5em;">In addition to the emails and video deposition from Jobs, Apple executives Philip Schiller and Eddy Cue are expected to testify. Schiller is Apple's head of marketing. Eddy Cue, Apple's senior vice president of internet software and services, is also in charge of the iTunes Store.</span></p>
<p><span style="line-height: 1.5em;">To fight against accusations of anticompetitive practices, Apple will likely need to prove that updates to iTunes, like the one that prevented Musicmatch songs from playing on the iPod, were responsible for introducing improvements for consumers rather than restricting what they could listen to on iPods.</span></p><p><strong>SEE ALSO:&nbsp;<a href="http://www.businessinsider.com/steve-jobs-threw-ipod-prototype-into-an-aquarium-to-prove-a-point-2014-11" >Steve Jobs Dropped The First iPod Prototype Into An Aquarium To Prove A Point</a></strong></p>
<p><a href="http://www.businessinsider.com/apple-antitrust-case-to-see-steve-jobs-emails-and-video-deposition-as-testimony-2014-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/austrian-student-files-class-action-lawsuit-against-facebook-for-violating-users-privacy-2014-8Austrian Student Files Class Action Lawsuit Against Facebook For Violating Users' Privacyhttp://www.businessinsider.com/austrian-student-files-class-action-lawsuit-against-facebook-for-violating-users-privacy-2014-8
Fri, 01 Aug 2014 06:12:34 -0400
<p><img src="http://static6.businessinsider.com/image/53d8feb76bb3f7176a7937a3-1200-858/rtx14tt1-1.jpg" border="0" alt="The Face of Facebook"></p><p>VIENNA&nbsp;(Reuters) - Austrian law student&nbsp;Max Schrems&nbsp;appealed to a billion Facebook users around the world on Friday to join a class-action lawsuit against Facebook's alleged violations of its users' privacy.</p>
<p>Schrems, a thorn in Facebook's side who has a case against the social network pending at the&nbsp;European Court of Justice, has filed a claim at&nbsp;Vienna's commercial court and invited others to join the action at www.fbclaim.com using their Facebook login.</p>
<p>Under Austrian law, a group of people may transfer their financial claims to a single person - in this case, Schrems. Legal proceedings are then effectively run as a class action.</p>
<p>Schrems is claiming damages of 500 euros ($670) per user for alleged data violations, including aiding the U.S. National Security Agency in running its Prism program, which mined the personal data of users of Facebook and other web services.</p>
<p>He is also seeking injunctions under EU data-protection law at the court in data-privacy-friendly&nbsp;Austria. "Our aim is to make Facebook finally operate lawfully in the area of data protection," he said.</p>
<p>Users from anywhere outside the&nbsp;United States&nbsp;and&nbsp;Canada&nbsp;may sign up to join the Austrian case, since Facebook runs all its international operations from fellow EU country&nbsp;Ireland. The case relies largely on the EU Data Protection Directive.</p>
<p>A specialist financier will bear the legal costs if Schrems loses the case and will take 20 percent of the damages if he wins, meaning users can join the case at no financial risk.</p>
<p>Facebook has come under fire before for allegedly violating data-protection laws. Most recently, Britain's data watchdog began investigation whether a 2012 experiment on unwitting users, in which it tried to alter their emotional state to see if their postings turned more positive or negative.</p>
<p>The world's biggest social network, Facebook now has 1.32 billion users. It posted a 61 percent increase in sales in the second quarter thanks to mobile advertising, sending its shares to a record high and valuing the company at almost $200 billion.</p>
<p>No one from Facebook was immediately available for comment.</p><p><a href="http://www.businessinsider.com/austrian-student-files-class-action-lawsuit-against-facebook-for-violating-users-privacy-2014-8#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/lawsuit-mt-gox-2014-3Class-Action Lawsuit Filed Against Shuttered Bitcoin Exchange Mt. Goxhttp://www.businessinsider.com/lawsuit-mt-gox-2014-3
Fri, 14 Mar 2014 21:52:05 -0400Amanda Becker
<p><img style="float:right;" src="http://static4.businessinsider.com/image/5323b10f6bb3f756561ad620-480-/mark-karpeles-bitcoin-mt-gox-8.png" border="0" alt="mark karpeles bitcoin mt gox" width="480" /></p><p>(Reuters) - A class-action lawsuit has been filed in&nbsp;Canada&nbsp;against Mt. Gox, the leading bitcoin exchange that lost more than $400 million of customers' digital currency, along with&nbsp;Mizuho Bank Ltd, one of Japan's largest lenders.</p>
<p>The lawsuit, filed Friday in the&nbsp;Ontario Superior Court of Justice, comes just days after Mt. Gox, based in Tokyo, filed for a&nbsp;U.S. Chapter&nbsp;15 bankruptcy, which shields the company from lawsuits in U.S. courts.</p>
<p>The plaintiffs are Canadian residents who allege they are owed currency and the value of bitcoins by Mt. Gox that they have been unable to withdraw.</p>
<p>The lawsuit was filed on behalf of "all persons in&nbsp;Canada&nbsp;who paid a fee to Mt. Gox to buy, sell or otherwise trade bitcoins" and all those who had bitcoins or currently stored with Mt. Gox on February 7.</p>
<p>The filing alleges that a lengthy security breach at Mt. Gox resulted in "the pilfering of millions of dollars' worth of its' users' bitcoins."</p>
<p>On February 25 the website was shut down and users who had currency, including bitcoins, in Mt. Gox accounts could no longer access those funds. Approximately 750,000 of users' bitcoins were lost, the lawsuit states.</p>
<p>Mizuho Bank&nbsp;is named in the lawsuit because "all non-bitcoin currency received by the Mt. Gox Defendants from its users was held in an account or accounts" at the Japanese lending institution, the lawsuit said.</p>
<p>The case is&nbsp;David Joyce, et al and MtGox Inc, et al,&nbsp;Ontario Superior Court of Justice, CV-15-500253-00CP.</p>
<p>(Additional reporting by Tom Hals in Wilmington, Delaware; Editing by Lisa Shumaker)</p><p><a href="http://www.businessinsider.com/lawsuit-mt-gox-2014-3#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/southwest-drink-vouchers-class-action-2012-12Southwest Owes 5.8 Million Free Beers To Passengershttp://www.businessinsider.com/southwest-drink-vouchers-class-action-2012-12
Fri, 14 Dec 2012 08:33:00 -0500Gregory Karp
<p><img style="float:right;" src="http://static6.businessinsider.com/image/50cb29196bb3f70074000009-400/southwest-airlines-2.jpg" border="0" alt="Southwest Airlines " /></p><p>Southwest Airlines has settled a class-action lawsuit filed by a Chicago attorney over the discount carrier's decision to stop honoring vouchers for free alcoholic drinks, which it had given to travelers who bought a premium ticket. The settlement could be worth $29 million or more.</p>
<p>Adam Levitt, an attorney and the original plaintiff, said Southwest had for years awarded customers like him, who bought tickets through its premium-priced "Business Select" program, vouchers for drinks that otherwise cost $5 each. Vouchers did not include expiration dates.</p>
<p>On Aug. 1, 2010, Southwest, the third-largest airline in the Chicago market, changed its policy. It said Business Select passengers may use their vouchers only on the day of travel printed on them, essentially voiding all previously issued vouchers.</p>
<p>Levitt contended the policy change was a breach of contract. He filed suit on Nov. 16, 2011, on behalf of himself and all Southwest customers who earned eligible drink vouchers before Aug. 1, 2010, through their ticket purchase but didn't redeem them. The settlement does not include passengers who earned drink vouchers through Southwest's frequent-flier program, Rapid Rewards.</p>
<p>The settlement, approved this week by a federal-court judge in Chicago, entitles eligible fliers, even if they no longer possess the original paper vouchers, to new drink vouchers for each one they say they earned but didn't redeem. Those vouchers will be good for one year. Eligible consumers will be notified, starting in a couple of weeks. Southwest is required to set up a website about the settlement, publish newspaper advertisements about the settlement and attempt to contact eligible customers via e-mail.</p>
<p>"This settlement is a grand-slam result for the class, as consumers are recovering 100 cents on the dollar," said Chicago attorney Joseph Siprut, who represented the class against Southwest.</p>
<p>Siprut said his firm fought for a claims process in which physical possession of the old drink voucher was not required. "Class members just have to submit a form saying they had a certain number of vouchers that were never redeemed, and they can get replacement vouchers in equal number," he said.</p>
<p>The settlement estimates that 5.8 million eligible vouchers, issued between October 2007 and August 2010, were not redeemed. Valued at $5 each, that makes the settlement worth $29 million. Separately, Southwest is on the hook for attorney fees that could range from $1.75 million to $7 million. The court will decide that later, Siprut said.</p>
<p>Southwest, known for being consumer friendly, did not respond to a request for comment.</p>
<p>"Airline customers are very savvy," Siprut said. "They are sophisticated travelers and they don't take kindly when airlines break their promises to consumers, or pull a bait-and-switch on people."</p>
<p>gkarp@tribune.com ___</p>
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<p>(c)2012 the Chicago Tribune</p>
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<p>Distributed by MCT Information Services</p>
<p><strong>DON'T MISS: <a href="http://www.businessinsider.com/diane-von-furstenberg-sues-distributors-2012-12">Diane Von Furstenberg Is Sick Of Her Clothes Being Sold At Cheap Stores &gt;</a></strong></p>
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<p><img class="nc_pixel" src="http://pixel.newscred.com/px.gif?key=YXJ0aWNsZT0xZTUxYTQyODkwOGNlYTY3YjIzMTM0M2NmNjJmZjJhMCZvd25lcj0zNDQ5NjhiY2NjN2VmZjJhNDYzYTk2ZjA3YzVmYTQ2NSZub25jZT02YzJkZDhmYS1lMDhiLTQ5YTktOWViNC1iY2M5Y2YxMTUwOWMmcHVibGlzaGVyPThjMDBmYmVlNjFkNWJjZjBjNjA5MmQ4YjkyZWJiY2Ex" border="0" alt="" width="1" height="1" /></p><p><a href="http://www.businessinsider.com/southwest-drink-vouchers-class-action-2012-12#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/papa-johns-faces-lawsuit-over-texts-2012-11Papa Johns' Customers Say They Got Harassed In The Middle Of The Nighthttp://www.businessinsider.com/papa-johns-faces-lawsuit-over-texts-2012-11
Wed, 14 Nov 2012 09:56:00 -0500Adam Clark Estes
<p><img style="float:right;" src="http://static2.businessinsider.com/image/50a3aef3ecad04421400001c-400-300/john-schnatter-papa-johns.jpg" border="0" alt="john schnatter papa john's" width="400" height="300" /></p><p>Middle America's favorite pizza chain&nbsp;<a href="http://money.cnn.com/2012/11/13/technology/mobile/papa-johns/">got slapped with a $250 million class action lawsuit</a>&nbsp;for sending spammy text messages to its customers without their permission.</p>
<p>Filed in the U.S. District Court in Seattle on Monday, the lawsuit alleges Papa John's Pizza of violating state and federal law with text message blasts sent to customers through mass texting service OnTime4U.</p>
<p>Plaintiffs say they sometimes received 15 or 16 text messages in a row, sometimes in the middle of the night, for a grand total of 500,000 unwanted texts.</p>
<p>The Telephone Consumer Protection Act of 1991 requires companies to get permission from customers before sending them text messages.&nbsp;</p>
<p>"After I ordered from Papa John's, my telephone started beeping with text messages advertising pizza specials," said one of the plaintiffs in a statement. "Papa John's never asked permission to send me text message advertisements."</p>
<p>This little direct marketing campaign could turn out a very expensive boondoggle for Papa Johns. The plaintiffs want Papa Johns to pay them $500 per text, though that figure could climb as high as $1,500 per text if the judge decides that the pizza chain knowingly and willfully broke the law. That said, Papa Johns also has a history of coming out on top in lawsuits like this. Beginning in 1998, Papa Johns&nbsp;<a href="http://advertising.about.com/od/foodrelatedadnews/a/papajohns.htm">defended itself</a>&nbsp;against false advertising claims made by Pizza Hut over its tagline "Better ingredients. Better pizza." Pizza Hut denied that Papa Johns had better ingredients. The U.S. Supreme Court took Papa John's side.</p>
<p>Of course, winning one little Supreme Court case for its advertising methods doesn't make Papa John's unstoppable. Courts are&nbsp;<a href="http://news.cnet.com/8301-1023_3-10387021-93/facebook-awarded-%24711-million-in-spam-lawsuit/">notoriously unsympathetic</a>&nbsp;to companies that spam their customers. And that detail about 15 to 16 texts in the middle of the night? It'd be hard to find a judge in America that wouldn't find that out of line. Seriously. Who are these people?</p><p><a href="http://www.businessinsider.com/papa-johns-faces-lawsuit-over-texts-2012-11#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/firm-accused-of-secret-wells-fargo-deal-2012-10Law Firm's Client Says It Cut A 'Secret' Deal With Wells Fargo To Screw Plaintiffshttp://www.businessinsider.com/firm-accused-of-secret-wells-fargo-deal-2012-10
Mon, 22 Oct 2012 13:09:00 -0400Aleksi Tzatzev
<p><img style="float:right;" src="http://static2.businessinsider.com/image/4f88119beab8ea9e74000022-590-443/wells-fargo-bank.jpg?maxX=400&amp;maxY=300" border="0" alt="Wells Fargo Bank" width="400" height="300" /></p><p>An employee suing Wells Fargo for allegedly failing to pay overtime wages is claiming her law firm settled the suit behind plaintiffs' backs.</p>
<p>Mark Yablonovich's firm allegedly signed a <a href="http://www.courthousenews.com/2012/10/22/51499.htm">"secret" $6 million settlement</a> with Wells Fargo on behalf of former employees without telling them and then tried to claim almost the entire sum of $6 million as legal fees, according to Courthouse News.</p>
<p>Now the lead plaintiff, Kendra Cutting, is suing Yablonovich's firm on behalf of 600 people who worked for Wells Fargo.</p>
<p>The attorneys allegedly hid the existence of the class settlement for an entire 11 months during which it tried to get Wells Fargo to sign a secret agreement converting the entire settlement into legal fees, according to Courthouse News.</p>
<p>Because the settlement absolved Wells Fargo of the overtime claims, Yablonovich's firm made it impossible for any of the 600 class members to seek any legal recourse, the suit states.</p>
<p>Wells Fargo and Yablonovich's firm did not immediately respond to requests for comment.</p>
<p><strong>&nbsp;SEE ALSO:</strong> <a href="http://www.businessinsider.com/elena-kagan-speech-at-ut-knoxville-2012-10">A Really Odd Pair Of Supreme Court Justices Likes To Go Hunting Together &gt;&nbsp;</a></p><p><a href="http://www.businessinsider.com/firm-accused-of-secret-wells-fargo-deal-2012-10#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/paypal-arbitration-agreement-2012-10Here's How You Can Preserve Your Right To Sue The Pants Off PayPalhttp://www.businessinsider.com/paypal-arbitration-agreement-2012-10
Thu, 18 Oct 2012 10:45:00 -0400Erin Fuchs
<p><img style="float:right;" src="http://static4.businessinsider.com/image/4d3f4a1849e2ae042b060000-400-300/paypal.jpg" border="0" alt="PayPal" /></p><p><a href="http://www.businessinsider.com/blackboard/paypal" class="hidden_link">PayPal</a> has become pretty good at <a href="http://www.paypalwarning.com/">ruffling consumers' feathers</a>.</p>
<p>The e-commerce giant can apparently freeze your account at anytime. And Regretsy founder April Winchell even accused PayPal of being so cold-hearted it shut down her <a href="http://www.regretsy.com/2011/12/05/cats-1-kids-0/">Christmas charity drive. </a></p>
<p>In the past, consumers banded together to file class actions claiming the e-commerce giant <a href="http://www.theverge.com/2012/10/17/3511792/paypal-class-action-suit-ban">held users' funds captive </a>without giving them a good reason, the Verge reported.</p>
<p>But thanks to an April 2011 Supreme Court decision, companies like PayPal can require users to resolve their claims outside of court in "arbitrations," <a href="http://en.wikipedia.org/wiki/AT%26T_Mobility_v._Concepcion">effectively banning class action lawsuits</a>.</p>
<p>As of Nov. 1, PayPal is jumping on the bandwagon to require consumers <a href="https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&amp;content_ID=ua/upcoming_policies_full">to agree to arbitration.</a> But there's a catch!</p>
<p>Users can provide an old-fashioned, written opt-out notice by Dec. 1 and preserve their right to sue the pants off PayPal, the Verge has pointed out. Now you just have to find some paper ...</p>
<p><strong>SEE ALSO: <a href="http://www.businessinsider.com/brandon-wade-paypal-suit-2012-8">The Founder Of The 'Sugar Daddy' Dating Empire Is Fighting PayPal For Ditching Him</a></strong></p><p><a href="http://www.businessinsider.com/paypal-arbitration-agreement-2012-10#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/nissan-says-leaf-lawsuit-lacks-merit-2012-10Nissan Rebuffs Claims In Lawsuit Over Leaf Battery Lifehttp://www.businessinsider.com/nissan-says-leaf-lawsuit-lacks-merit-2012-10
Wed, 03 Oct 2012 13:32:00 -0400Alex Davies
<p><img style="float:right;" src="http://static2.businessinsider.com/image/506c6e066bb3f70b4c000005-400-300/nissan-leaf.jpg" border="0" alt="nissan leaf" width="400" height="300" /></p><p>In response to a potential class action lawsuit filed against it in California last week over the battery life and range of the Leaf, Nissan says the case "lacks merit."</p>
<p>The lawsuit was filed by Humberto Daniel Klee and David Wallak, on behalf of current owners and lessees in California of 2011-2012 Leafs.</p>
<p>It charges that Nissan violated the California Consumer Legal Remedies Act and the Unfair Business Practices Act.</p>
<p>It comes down to Nissan's advertisement of the electric car's range as 100 miles. The <a href="http://www.courthousenews.com/2012/09/25/nissan.pdf">lawsuit reads</a>:</p>
<p style="padding-left: 30px;">Unbeknownst to purchasers, the advertised driving range is based on the vehicle's performance only after fully charging the battery to 100% capacity. In fact, however, charging the battery to 100% causes battery damage, and Nissan expressly recommends that owners <em>not</em> charge their vehicle to 100% in order to maximize battery life and that the battery be charged to only 80% capacity.</p>
<p>Filed in the California Central District Court, the lawsuit also charges that Nissan did not disclose a "thermal management defect" in the battery system that has limited range and battery performance in all 2011-2012 Leaf cars.</p>
<p>Nissan released a statement that does not respond directly to the accusations, but says it has not withheld information or misled owners and potential customers:</p>
<p style="padding-left: 30px;">Nissan has provided information on how the vehicle works, its estimated range, and factors that can affect both range and battery life through many sources, including the Nissan LEAF website, owner's manual and detailed written disclosure.</p>
<p>The plaintiffs are seeking an order to stop Nissan using misleading information while selling the Leaf, to send Leaf owners and lessees "corrective disclosures," to reform its battery warranty, and to replace the battery systems of all the vehicles in question.</p>
<p><strong>See More: <a href="http://www.businessinsider.com/paris-motor-show-coolest-cars-and-concepts-2012-10">The 15 Coolest Cars And Concepts At The Paris Motor Show</a></strong></p><p><a href="http://www.businessinsider.com/nissan-says-leaf-lawsuit-lacks-merit-2012-10#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/maybelline-accused-of-lying-about-lipstick-2012-9Maybelline Sued As Women Claim Its Lipstick Doesn't Really Last 14 Hourshttp://www.businessinsider.com/maybelline-accused-of-lying-about-lipstick-2012-9
Wed, 26 Sep 2012 08:44:00 -0400Abby Rogers
<p><img style="float:right;" src="http://static1.businessinsider.com/image/5062f63d69beddcd58000014-400-300/model-wearing-lipstick.jpg" border="0" alt="model wearing lipstick" /></p><p>A group of women, including one named Santa, is suing makeup giant Maybelline for advertising that its lipstick lasts longer than it actually does.</p>
<p>The women, who are seeking class-action status, claim Maybelline's Super Stay 10HR Stain Gloss and Super Stay 14HR Lipstick "<a href="http://blogs.wsj.com/law/2012/09/25/a-kiss-doesnt-last-forever-lawsuit-targets-lipstick-claims/" target="_blank">wear off and fade</a> after only a few hours of wear" &mdash; a direct contradiction of the company's ads, The Wall Street Journal's Law Blog reported Tuesday.</p>
<p>The women are also seeking damages for violations of consumer protection laws.</p>
<p>But Maybelline isn't buying it.</p>
<p>&ldquo;Maybelline strongly believes that this lawsuit has no merit and stands proudly behind our products,&rdquo; <a href="http://www.businessinsider.com/blackboard/loreal" class="hidden_link">L'Oreal</a> USA spokeswoman Rebecca Caruso told Law Blog. &ldquo;We will strenuously contest these allegations in court."</p>
<h2><a href="http://www.businessinsider.com/the-things-csi-gets-wrong-2012-9" target="_blank">DON'T MISS: These Are The Glaring Scientific Inaccuracies In CSI &gt;</a></h2>
<p>&nbsp;</p><p><a href="http://www.businessinsider.com/maybelline-accused-of-lying-about-lipstick-2012-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/video-game-age-discrimination-lawsuit-2012-9Lawsuit Says Video Game Company Won't Hire Old Peoplehttp://www.businessinsider.com/video-game-age-discrimination-lawsuit-2012-9
Wed, 12 Sep 2012 11:56:00 -0400Abby Rogers
<p><img style="float:right;" src="http://static3.businessinsider.com/image/4fd8fdc9ecad040306000000/video-games.jpg" border="0" alt="Video Games" /></p><p>Anyone hoping to demonstrate <a href="http://www.businessinsider.com/blackboard/microsoft" class="hidden_link">Microsoft</a> video game products better look young, and have the pictures to prove it.</p>
<p>A <a href="http://www.courthousenews.com/2012/09/12/50189.htm" target="_blank">lawsuit filed against</a> Mosaic Sales Solutions US Operating Co., claims the company makes job applicants submit a picture and won't hire anyone too old to "reflect the <a href="http://www.businessinsider.com/blackboard/kinect" class="hidden_link">Kinect</a> and <a href="http://www.businessinsider.com/blackboard/xbox" class="hidden_link">Xbox</a> image," Courthouse News Service reported Wednesday.</p>
<p>The class-action suit also claims Mosaic has a companywide policy stipulating demonstrators must have a "'favorite camp counselor,' youthful ... personality," and encourages hiring young women.</p>
<p>Pam Boyer claims she was hired by Mosaic in October 2010 but the offer was rescinded based on her picture. She was older than 40 at the time.</p>
<p>"(B)ased on plaintiff's age, which is apparent from the photograph submitted with her application, Mosaic chastised the territory manager who hired plaintiff and decided that plaintiff could not be hired," Boyer claims in her lawsuit.</p>
<p>Boyer is seeking punitive damages, claiming the company violated the Missouri Human Rights Act, according to CNS.</p>
<p>Microsoft is not named in the lawsuit.</p>
<h2><a href="http://www.businessinsider.com/raffaele-sollecito-amanda-knoxs-ex-boyfriend-speaks-2012-9" target="_blank">DON'T MISS: Amanda Knox's Ex Admits It Was Odd They Kissed And Caressed While Police Searched For Roommate's Body &gt;</a></h2><p><a href="http://www.businessinsider.com/video-game-age-discrimination-lawsuit-2012-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/diana-wang-speaks-out-about-hearst-corporation-2012-9Intern Who Accused Hearst Of Unfair Labor Practices Says She's Turned Her Back On Fashionhttp://www.businessinsider.com/diana-wang-speaks-out-about-hearst-corporation-2012-9
Tue, 11 Sep 2012 13:33:00 -0400Abby Rogers
<p><img style="float:right;" src="http://static6.businessinsider.com/image/504f6e39ecad04df67000005/diana-wang-intern.jpg" border="0" alt="diana wang intern" /></p><p>A 27-year-old unpaid intern who sued <a href="http://www.businessinsider.com/blackboard/hearst-corporation" class="hidden_link">Hearst Corporation</a> for unfair labor practices first took the job to make her mark on the industry she loved.</p>
<p>Wang initially hoped her internship would land her a job in the fashion world, <a href="http://nymag.com/thecut/2012/09/norma-rae-of-fashion-interns.html?mid=nymag_press" target="_blank">telling New York Magazine</a> she saved every penny she could for a year so she could afford to take an unpaid in New York City.</p>
<p>&ldquo;This was going to be my only ticket to the industry,&rdquo; Wang told the magazine. &ldquo;I didn&rsquo;t have unlimited resources. I was going to make the time worthwhile. I was going to be remembered by people.&rdquo;</p>
<p>Unfortunately her supervisor didn't agree and told her she wasn't quite ready for a paid job in the industry.</p>
<p>When she couldn't get a job at any other publication, Wang said she began to consider the idea of a lawsuit.</p>
<p>In her lawsuit against Hearst Corporation, Wang <a href="http://www.poynter.org/latest-news/mediawire/188078/about-3000-former-hearst-interns-join-class-action-lawsuit/" target="_blank">asks for wages and damages</a>, claiming her internship was actually an unpaid job, Poynter reported Tuesday.</p>
<p>About 3,000 former Hearst interns joined her suit, which was given class-action status.</p>
<p>"The experience we all worked through was so outrageous and it was the kind of thing that the interns couldn&rsquo;t tell their personal circles about," Wang told New York Magazine. "It was very belittling. They couldn&rsquo;t tell their adviser what they were doing at their internship.&rdquo;</p>
<p>Wang's job at Harper's Bazaar included monitoring accessories lent to the magazine for photo shoots as well as supervising at least eight other interns.</p>
<p>She claims editors at the magazine stressed her position should be considered a real job and had high expectations for the interns.</p>
<p>&ldquo;You don&rsquo;t find this in all industries,&rdquo; her attorney, Rachel Bientold, NY Magazine. &ldquo;You wouldn&rsquo;t have an unpaid intern at a Duane Reade store, even if they were learning a lot about retail operations.</p>
<p>Wang <a href="http://www.nypost.com/p/news/local/manhattan/intern_al_problems_seem_to_suit_h9XJ1n8aBIza36zJN9NpjJ?utm_medium=rss&amp;utm_content=Manhattan" target="_blank">is also suing jewelry company</a> Fenton Fallon, where she also held an internship, claiming that while she was classified as a "press intern," she actually purchased materials and constructed jewelry, the <a href="http://www.businessinsider.com/blackboard/new-york-post" class="hidden_link">New York Post</a> reported in July.</p>
<p>The U.S. Department of Labor <a href="http://www.scribd.com/doc/105612025/whdfs71" target="_blank">mandates that internships</a> be for "the benefit of the intern," and says in its test for unpaid interns that both the employer and the intern should understand the intern won't be earning wages.Her case against Hearst, which has said the lawsuit lacks merit, could be decided as soon as 2013.</p>
<p>In the meantime, Wang has completely left the world she once loved, now working in Columbia, Ohio as a part-time fundraiser and social media strategist for a nonprofit.</p>
<p>&ldquo;I have kind of completely turned my back on fashion in the past year,&rdquo; Wang told NY Mag. &ldquo;It&rsquo;s hard to think how much I loved it because I don&rsquo;t even go near it these days. For all of these things to go so horribly wrong, it&rsquo;s just been so hard.&rdquo;</p>
<h2><a href="http://www.businessinsider.com/appeals-court-strikes-down-chicago-ordinance-2012-9" target="_blank">DON'T MISS: Court Rules Chicago Cops Can't Arrest People For Being Annoying &gt;</a></h2><p><a href="http://www.businessinsider.com/diana-wang-speaks-out-about-hearst-corporation-2012-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/carolyn-kellmans-lawsuit-against-forever-21-2012-9Fashionista Lawyer In Florida Says Forever 21 Is Taking Her Pennieshttp://www.businessinsider.com/carolyn-kellmans-lawsuit-against-forever-21-2012-9
Wed, 05 Sep 2012 08:29:00 -0400Abby Rogers
<p><img style="float:right;" src="http://static1.businessinsider.com/image/50473d0decad04a04b00000f/carolyn-kellman-forever-21-lawsuit.jpg" border="0" alt="carolyn kellman forever 21 lawsuit" /></p><p>A Florida lawyer whose fashion sense was once chronicled by the Miami Herald is suing Forever 21, claiming the popular clothing chain has a history of shorting customers one penny on returned items.</p>
<p>In her lawsuit, filed Aug. 20, Carolyn Kellman <a href="http://www.law.com/jsp/article.jsp?id=1202569682823&amp;thepage=1&amp;slreturn=20120805073750" target="_blank">claims she bought</a> a pair of shorts on May 12 for $14.46 but only received $14.45 back when she returned the item, Law.com reported last week.</p>
<p>The Strickland Law Firm attorney also claims in her suit that she bought a skirt for $11.75 in July but was credited only $11.56 when she returned it.</p>
<p>Kellman is seeking class-action status for her lawsuit, which accuses the popular clothing brand of operating a "penny-skimming scheme."</p>
<p>And while a penny might not seem like much, it adds up.</p>
<p>"The $15,000 threshold for civil actions in Miami-Dade Circuit Court translates to 1.5 million pennies, or at least 750,000 customers making and returning purchases since 2007," Law.com reported.</p>
<p>Forever 21 did not return Law.com's requests for comment.</p>
<h2><a href="http://www.businessinsider.com/cheryl-mccollins-speaks-out-2012-9" target="_blank">DON'T MISS: Mom Says School's Controversial Shock Therapy Permanently Traumatized Her Disabled Son &gt;</a></h2><p><a href="http://www.businessinsider.com/carolyn-kellmans-lawsuit-against-forever-21-2012-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/obamas-class-action-discrimination-lawsuit-against-citibank-failed-to-deliver-2012-9Only 19 Of Obama's 186 Clients In An Old Lawsuit Against Citibank Still Have Their Homeshttp://www.businessinsider.com/obamas-class-action-discrimination-lawsuit-against-citibank-failed-to-deliver-2012-9
Tue, 04 Sep 2012 17:02:28 -0400Neil Munro
<p><img style="float:right;" src="http://static6.businessinsider.com/image/4fb268a8ecad047e0f00000e/barack-obama.jpg" border="0" alt="Barack Obama" /></p><p>President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.</p>
<p>As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.</p>
<p>The startling failure rate among Obama&rsquo;s private sector clients was discovered during <em><a class="hidden_link" href="http://www.businessinsider.com/blackboard/the-daily">The Daily</a> Caller</em>&rsquo;s review of <a href="http://www.scribd.com/doc/104763206/Chicago-Buycks-Lawsuit-Plaintiffs" target="_blank" class="external">previously unpublished court information</a>&nbsp;from the lawsuit that a young Obama helmed as the lead plaintiff&rsquo;s attorney.</p>
<p><strong><span class="external">RELATED:</span><a href="http://www.scribd.com/doc/104763206/Chicago-Buycks-Lawsuit-Plaintiffs" target="_blank" class="external"> Learn about the 186 class action plaintiffs</a></strong></p>
<p>Since the mortgage bubble burst, some of his former clients are calling for a policy reversal.</p>
<p>&ldquo;If you see some people don&rsquo;t make enough money to afford the mortgage, why would you give them a loan?&rdquo; asked Obama client John Buchanan. &ldquo;There should be some type of regulation against giving people loans they can&rsquo;t afford.&rdquo;</p>
<p>Banks &ldquo;were too eager to lend to many who didn&rsquo;t qualify,&rdquo; said Don Byas, another client who saw banks lurch from caution to bubble-inflating recklessness. <strong><a href="http://dailycaller.com/2012/09/03/obamas-citibank-plaintiffs-hit-hard-by-housing-bubble-burst/"></a></strong></p>
<p><strong>RELATED:<a href="http://dailycaller.com/2012/09/03/obamas-citibank-plaintiffs-hit-hard-by-housing-bubble-burst/"> Obama's Citibank plaintiffs hit hard when housing bubble burst</a></strong></p>
<p>&ldquo;I don&rsquo;t care what race you are. &hellip; You need to keep financial wisdom [separate] from trying to help your people,&rdquo; said Byas, an autoworker.</p><p><a href="http://www.businessinsider.com/obamas-class-action-discrimination-lawsuit-against-citibank-failed-to-deliver-2012-9#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/jim-beam-and-jack-daniels-distilleries-sued-over-black-fungus-2012-8Jim Beam And Jack Daniels' Distilleries Sued Over Black Fungushttp://www.businessinsider.com/jim-beam-and-jack-daniels-distilleries-sued-over-black-fungus-2012-8
Fri, 31 Aug 2012 10:24:00 -0400Abby Rogers
<p><img style="float:right;" src="http://static4.businessinsider.com/image/5040c6d26bb3f7d40400000c/girl-drinking-jim-beam.jpg" border="0" alt="girl drinking jim beam" /></p><p>It's been there forever, but now they have someone to blame.</p>
<p>Black fungus has long decorated the homes and buildings in Kentucky and now researchers are saying the <a href="http://www.nytimes.com/2012/08/30/us/kentuckians-fed-up-with-a-fungus-sue-whiskey-makers.html?_r=1" target="_blank">"sooty-looking black gunk"</a> called Baudoinia thrives on ethanol, which can evaporate during fermentation, making it the fault of the area's pride and joy &mdash; its whiskey distilleries<a href="http://www.businessinsider.com/blackboard/the-new-york-times" class="hidden_link"> &mdash; The New York Times</a> reported Wednesday.&nbsp;</p>
<p>Now that the cause of their discomfort has been identified, a group of Louisville residents filed a class-action lawsuit against several distillers in the area, claiming the black fungus has taken over their homes and cars.</p>
<p>"The group claims that the <a href="http://www.14news.com/story/18661564/louisville-residents-blame-distilleries-for-whiskey-fungus" target="_blank">whiskey fungus clung</a> to metal, vinyl, concrete and wood and has marred their property and lowered its value," 14News reported in June, the time the suit was initially filed.</p>
<p>The <a href="http://www.huffingtonpost.com/2012/08/31/whiskey-fungus-lawsuit-kentucky-bourbon_n_1844789.html?ncid=edlinkusaolp00000003" target="_blank">distilleries named in the suit</a> are Brown-Forman &mdash; responsible for Jack Daniels &mdash; Diageo, Heaven Hill, Buffalo Trace, and Jim Beam, The Huffington Post reported Friday.</p>
<p>Brown-Forman, Diageo, and Heaven Hill issued a joint statement saying they are "sympathetic to the concerns of the plaintiffs" but the fungus is a naturally occurring phenomenon and the companies "do not believe that they have caused any harm" to the people who filed the suit, the Times reported.</p>
<p>Buffalo Trace and Jim Bean chose not to comment.</p>
<p>The plaintiffs' Louisville, Ky.-based lawyer plans to file a similar lawsuit in Scotland in September.</p>
<h2><a href="http://www.businessinsider.com/ftc-antitrust-probe-of-google-will-end-soon-2012-8" target="_blank">DON'T MISS: The FTC Will Either Sue Google Soon Or Force It To Settle Claims It's Killing Competition &gt;</a></h2><p><a href="http://www.businessinsider.com/jim-beam-and-jack-daniels-distilleries-sued-over-black-fungus-2012-8#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/lawsuit-settlements-plummet-2012-7Securities Class Action Settlements Are Becoming Rarer And Rarer: Studyhttp://www.businessinsider.com/lawsuit-settlements-plummet-2012-7
Wed, 25 Jul 2012 16:55:00 -0400Alex Mikoulianitch
<p><img style="float:right;" src="http://static3.businessinsider.com/image/4fa9957decad045f52000002/george-washington-cash-money.jpg" border="0" alt="George Washington, cash, money " /></p><p>The number of class-action settlements reached by investors and the companies they sue is the lowest it's been since 1999.</p>
<p>The settlement numbers themselves <a href="http://www.nera.com/83_7801.htm">crashed</a> even though the number of lawsuits filed remains at a steady pace, according to a study by NERA Economic Consulting released Tuesday.</p>
<p>Only 49 settlements <a href="http://blogs.wsj.com/law/2012/07/24/number-of-lawsuit-settlements-go-down/">were reached </a>from January to June with the total for the year expected to be 98, as opposed to the 123 settlements in 2011 and 128 the previous year, according to Wall Street Journal's Law Blog's analysis of the study.</p>
<p>But, if reached, however, a monetary settlement would yield a lot more money, according to the study.</p>
<p>The average value of the class action settlements in the first half of 2012 is $71 million, compared to the $31 million from last year, the study found.</p>
<h2>DON'T MISS: <a href="http://www.businessinsider.com/jonathan-smith-confession-to-priest-2012-7">New York Priest Claims Ohio Man Confessed To Murdering His Girlfriend &gt;</a></h2>
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<p>&nbsp;</p><p><a href="http://www.businessinsider.com/lawsuit-settlements-plummet-2012-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/peregrine-financial-corp-faces-a-class-action-suit-after-spontaneously-firing-300-or-so-employees-2012-7Peregrine Financial Hit With Class Action Claiming It Spontaneously Axed 300 Workershttp://www.businessinsider.com/peregrine-financial-corp-faces-a-class-action-suit-after-spontaneously-firing-300-or-so-employees-2012-7
Fri, 13 Jul 2012 15:48:00 -0400Becky Yerak
<p><img style="float:right;" src="http://static4.businessinsider.com/image/4ffb50dbecad04fc2f00002b/russ.png" border="0" alt="russ" /></p><p>July 12--A Peregrine Financial Corp. worker in Chicago has filed a lawsuit against the company, claiming that he was among "300 or so" employees laid off this week without 60 days' written notice.</p>
<p>Lawyers for Ronald Kotulak, who worked at Peregrine offices at 311 W. Monroe St. in Chicago until he was let go Monday, couldn't be reached for immediate comment on whether the 300 layoffs occurred at Peregrine operations in the Chicago area or in Peregrine's headquarters in Cedar Falls, Iowa.</p>
<p>Under the federal Worker Adjustment and Retraining Notification Act, an employer must give at least 60 days' notice of terminations under certain circumstances, such as when more than 50 workers are let go or at least a third of a workforce at a facility.</p>
<p>Peregrine filed for Chapter 7 bankruptcy July 10 in a U.S. Bankruptcy Court in the Northern District of Illinois. The complaint was also filed here. Peregrine founder Russell Wasendorf Sr. attempted suicide at the company's headquarters, and the business is also being sued by regulators who say there's a $200 million shortfall in customer accounts.</p>
<p>Kotulak said in the suit, which seeks class-action status, that he and other workers seek to recover 60 days' wages and benefits from the time they were fired Monday.</p>
<p>byerak@tribune.com -- <a href="http://www.businessinsider.com/blackboard/twitter" class="hidden_link">Twitter</a>: @beckyyerak</p><p><a href="http://www.businessinsider.com/peregrine-financial-corp-faces-a-class-action-suit-after-spontaneously-firing-300-or-so-employees-2012-7#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/what-groupons-settlement-means-for-consumers-2012-5Here's What The Massive Groupon Settlement Really Means For Consumershttp://www.businessinsider.com/what-groupons-settlement-means-for-consumers-2012-5
Thu, 24 May 2012 12:16:00 -0400Stacey Bumpus
<p><strong><a href="http://www.gobankingrates.com/savings-account/stop-letting-groupon-profit-off-your-laziness/" title="Groupon"><img style="float:right;" src="http://static3.businessinsider.com/image/4fbe5f3069bedd3c4d000009-400-300/groupon.jpg" border="0" alt="groupon" width="400" height="300" />Groupon</a></strong>&nbsp;customers may be able to receive a share of an $8.5 million settlement resulting from a class-action lawsuit involving expiration dates on the company&rsquo;s&nbsp;<strong><a href="http://www.gobankingrates.com/savings-account/use-daily-deal-sites-save-money-not-waste/" title="Daily Deals">daily deals</a></strong>. Though the details of the settlement are still being worked out, customers who have made purchases from the site in the past are encouraged to learn more about how they could be impacted.<span id="more-210034"></span></p>
<h2>Groupon Lawsuit over&nbsp;Illegal Expiration Dates</h2>
<p>Groupon, a popular daily deals site with 34 million active subscribers, has been criticized by customers for&nbsp;their deal&rsquo;s expiration dates and how the company sells and advertises those promotions.</p>
<p>Over the past few years, a total of 17 Groupon subscribers filed individual lawsuits alleging that the company imposed illegal and undisclosed deal restrictions, such as one stating that the customer &ldquo;must use gift certificate in one visit.&rdquo;</p>
<p>According to several suits, this type of restriction violates a number of gift card laws, including&nbsp;a federal law that makes it illegal to sell gift cards that expire in less than five years.</p>
<p>Over time, the 17 Groupon lawsuits were rolled into one that was transferred to a California district court.&nbsp;Last year,&nbsp;a court judge certified the claim as a class action, bringing Groupon&rsquo;s entire subscriber base into the lawsuit.</p>
<h2>Daily Deals Voucher&nbsp;Offered&nbsp;as&nbsp;Settlement Payout</h2>
<p>Last month, Groupon settled the case without admitting fault or wrongdoing.&nbsp;As for how the $8.5 million was to be distributed, Groupon was asked to award attorneys&rsquo; fees of up to 25 percent of the settlement cash, totaling more than $2.1 million. An additional $75,000 was earmarked for donation to a civic or nonprofit organization.</p>
<p>The 17 Groupon subscribers who served as lead plaintiffs in the suit will receive a proposed $500 each with the remaining $6.3 million&nbsp;being split up among subscribers who:</p>
<ul>
<li>Purchased at least one deal between Aug. 22, 2010 and Dec. 31, 2011 (separate rules may apply for subscribers in specific states)</li>
<li>Never redeemed the voucher before the stated expiration date</li>
<li>Never requested a refund of the unredeemed voucher</li>
</ul>
<p>According to the lawsuit website (grouponvouchersettlement.com), Groupon subscribers who submit a claim will receive a settlement voucher for that Groupon that can be redeemed up to 130 days from its issue date at the merchant for which&nbsp;the claim was&nbsp;issued.</p>
<p>If the merchant won&rsquo;t honor the settlement voucher, the customer can then submit a second claim to be eligible for a refund check on what they paid, plus 20 percent of the deal&rsquo;s promotional value (the amount that the deal was worth before being discounted).</p>
<p>Groupon customers have been given&nbsp;until July 6 to file a claim if they want to be included in the settlement. The judge who is overseeing the case is planning to hold a hearing on July 20 to decide whether to uphold or reject the deal.</p>
<h3>DON'T MISS: <a href="http://www.businessinsider.com/redeem-expired-groupons-2011-10">8 ways to cash in on your expired daily deals &gt;</a></h3><p><a href="http://www.businessinsider.com/what-groupons-settlement-means-for-consumers-2012-5#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/facebook-investor-sues-nasdaq-over-ipo-delays-2012-5Now One Of Facebook's Investors Is Suing NASDAQ Over The 'Mishandled' IPOhttp://www.businessinsider.com/facebook-investor-sues-nasdaq-over-ipo-delays-2012-5
Wed, 23 May 2012 06:35:12 -0400Seth Fiegerman
<p><img style="float:right;" src="http://static3.businessinsider.com/image/4fb66109eab8ea3f4e000003-400-300/facebook-nasdaq.jpg" border="0" alt="facebook nasdaq" width="400" height="300" /></p><p>The fallout from the botched <a class="hidden_link" href="http://www.businessinsider.com/blackboard/facebook">Facebook</a> IPO continues.</p>
<p><a href="http://www.bloomberg.com/news/2012-05-22/facebook-investor-sues-nasdaq-over-delays-in-offering.html" target="_blank">Bloomberg reports</a> that one Facebook investor filed a lawsuit against NASDAQ this week alleging that it "badly mishandled" the opening hours of the IPO, effectively making it impossible for some traders to know if they owned Facebook stock or not.</p>
<p>The investor, Phillip Goldberg, says that he tried to make a series of buy orders online, which failed to go through at the time. Meanwhile, one of his trades was processed several hours later when Facebook's stock price had already dropped by more than $3.</p>
<p>The NASDAQ, for its part, has already acknowledged that it <a href="http://www.businessinsider.com/nasdaq-explains-what-went-wrong-with-facebook-ipo-2012-5" target="_blank">botched the IPO</a> and blamed the screw-ups on its poorly-designed software.</p>
<p>According to <a href="http://www.bloomberg.com/news/2012-05-22/facebook-investor-sues-nasdaq-over-delays-in-offering.html" target="_blank">Bloomberg,</a> Goldberg is now hoping to represent thousands of other investors who have similar complaints. Goldberg hasn't yet revealed how much he's looking for in compensation from NASDAQ.</p><p><a href="http://www.businessinsider.com/facebook-investor-sues-nasdaq-over-ipo-delays-2012-5#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/bookmark-these-sites-if-you-plan-on-cashing-in-on-the-500m-lcd-screen-settlement-2012-2Bookmark These Sites If You Plan On Cashing In On The $500M LCD Screen Settlementhttp://www.businessinsider.com/bookmark-these-sites-if-you-plan-on-cashing-in-on-the-500m-lcd-screen-settlement-2012-2
Mon, 27 Feb 2012 18:10:00 -0500Mandi Woodruff
<p><img style="float:right;" src="http://static4.businessinsider.com/image/4f4c0362eab8ea8c6600005a-402-300/flat-screen-tv-men-man-install-installation-mount-mounting.jpg" border="0" alt="flat-screen-tv-men-man-install-installation-mount-mounting" width="402" height="300" /></p><p>Much like last month's massive mortgage settlement, prosecutors have launched a couple of sites where consumers can track the status of the <a href="http://www.businessinsider.com/heres-how-to-get-your-slice-of-the-500-million-lcd-price-fixing-settlement-2011-12" target="_blank">$538 million LCD screen price fixing settlement.</a></p>
<p>A little background:</p>
<p>The suit was launched in 2010 against 10 companies prosecutors claim conspired for years to artificially inflate the prices of millions of <a href="http://www.businessinsider.com/blackboard/lcd" class="hidden_link">LCD</a> flat screens used in TVs, computer monitors and laptops.</p>
<p>This particular settlement applies to consumers who bought products with LCD panels between 1999 and 2006.</p>
<p>It'll still be a while before checks start turning up in mailboxes, but the first step is filing a claim.</p>
<p><strong>For indirect purchasers, visit: <a href="http://www.lcdclass.com/" target="_blank">www.lcdclass.com</a></strong></p>
<p>Most consumers likely fall into this category. Per the site, indirect purchasers "purchased&nbsp;a TFT-LCD panel in a television, monitor or notebook computer from someone other than the manufacturer of that panel. For example, if you purchased a <a href="http://www.businessinsider.com/blackboard/samsung" class="hidden_link">Samsung</a> TFT-LCD television from <a href="http://www.businessinsider.com/blackboard/best-buy" class="hidden_link">Best Buy</a> during the Class Period, you made an indirect purchase of the TFT-LCD panel&nbsp;from Defendant Samsung."</p>
<p><strong>For direct purchasers visit: <a href="https://tftlcdclassaction.com/" target="_blank">www.tftlcdclassaction.com</a></strong></p>
<p>Direct purchasers would have picked up their products directly from the companies involved, rather than third-party retailers.</p>
<p>The companies involved: Chimei Innolux Corp., Chi Mei Optoelectronics USA, Inc., Chi Mei Optoelectronics Japan Co., Ltd, HannStar Display Corporation, Hitachi, Ltd., Hitachi Displays, Ltd., Hitachi Electronic Devices, USA, Inc., Samsung Electronics, Co., Ltd., Samsung Electronics America, Inc., Samsung Semiconductor, Inc., Sharp Corporation, and Sharp Electronics Corporation.</p>
<p>Of the $538 million settlement, $500 million will go back into consumers' pockets, while the rest will be distributed among the states that filed claims on behalf of government agencies.</p>
<p>Private class actions were certified in nearly half the states, in addition to Washington, D.C. Although only eight states will see refunds to public entities, consumers who purchased products containing the LCD screens from 24 states will be entitled to partial refunds.</p>
<p>For more information on the settlement, consumers can also call <a href="tel:855.225.1886" target="_blank">855.225.1886</a> or mail correspondence to LCD Class, P.O. Box 8025, Faribault, MN, 55021-9425.</p>
<h2><a href="../../12-banking-trends-to-expect-in-2012-2011-12#the-year-of-the-1-1">Now see the 10 biggest banking trends coming your way in 2012 &gt; </a></h2><p><a href="http://www.businessinsider.com/bookmark-these-sites-if-you-plan-on-cashing-in-on-the-500m-lcd-screen-settlement-2012-2#comments">Join the conversation about this story &#187;</a></p> http://www.businessinsider.com/apple-iphone-4-antennagate-settlement-2012-2Apple Has To Pay iPhone 4 Owners $15 Following The Antennagate Fiasco (AAPL)http://www.businessinsider.com/apple-iphone-4-antennagate-settlement-2012-2
Sat, 18 Feb 2012 08:46:00 -0500Steve Kovach
<p><img style="float:right;" src="http://static2.businessinsider.com/image/4d1cdabfcadcbbb636020000/iphone-4-antenna-issue-antennagate-consumer-reports.jpg" border="0" alt="iphone-4-antenna-issue-antennagate-consumer-reports" /></p><p>Antennagate is finally, officially, sort of over now.</p>
<p><a class="hidden_link" href="http://www.businessinsider.com/blackboard/iphone-4">iPhone 4</a> owners will be rewarded $15 cash or a suitable case following a ruling in a class-action lawsuit against <a class="hidden_link" href="http://www.businessinsider.com/blackboard/apple">Apple</a>, <a href="http://news.cnet.com/8301-27076_3-57380685-248/settlement-reached-in-iphone-4-antennagate-suit/?tag=cnetRiver">CNET reports</a>.</p>
<p>The lawsuit said Apple hid the iPhone 4's antenna problems from customers in marketing materials and other promotional items.</p>
<p>If you own an iPhone 4 you may get an email soon alerting you of the award. You can also check out iphone4settlement.com in a few weeks to claim it. (The site isn't live yet.)</p>
<p>Apple already offered free cases to iPhone 4 owners a few weeks after the device launched, following the huge public backlash over the antenna failures. Now Apple will be forced to give out cases again or fork over a cool $15.</p>
<p><strong>DON'T MISS: <a href="http://www.businessinsider.com/updated-ipad-3-rumors-2012-1">All The iPad 3 Rumors We Know About So Far</a></strong></p><p><a href="http://www.businessinsider.com/apple-iphone-4-antennagate-settlement-2012-2#comments">Join the conversation about this story &#187;</a></p>